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Stock Market & Financial Investment News

News For C;MS;GS;WFC;USB;BAC;JPM From The Last 14 Days
Check below for free stories on C;MS;GS;WFC;USB;BAC;JPM the last two weeks.
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September 3, 2014
10:00 EDTJPMOn The Fly: Analyst Upgrade Summary
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09:36 EDTCActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA TWTR PBR C GILD NFLX FB BIDU
09:06 EDTCBB&T to acquire additional Texas branches from Citibank
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09:02 EDTBACFirst South Bancorp purchases banking operations in North Carolina
First South Bancorp (FSBK) announced the signing of an agreement under which the Bank has agreed to purchase the branch banking operations of nine locations in North Carolina from Bank of America (BAC). The branch offices are located in Elizabethtown, Goldsboro, Kenansville, Kinston, Kitty Hawk, Morehead City, Mount Olive, Wallace and Wilson, North Carolina. The purchase is expected to add approximately $261.4M of deposits. The Bank has also agreed to purchase the fixed assets and a small amount of loans related to the purchased branches. The Bank expects the transaction to close in the fourth quarter of 2014, subject to approval by regulators and satisfaction of customary closing conditions. After the purchase of the branches, the Bank's franchise will increase from 26 to 35 banking offices. The transaction is expected to increase assets from $711M at June 30, 2014 to approximately $972M and deposits from $593M to approximately $854M at close.
07:29 EDTGS, JPM, USB, BAC, MS, WFC, CFinal liquidity, swaps margin rules to be unveiled today, Reuters says
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07:19 EDTBACBank of America downgraded to Neutral from Buy at Nomura
Price target lowered to $17 from $18.
07:19 EDTJPMJPMorgan upgraded to Buy from Neutral at Nomura
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06:35 EDTBAC, JPMJPMorgan in talks to sell oil-supply agreement to Bank of America, WSJ says
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06:34 EDTGS, MS, USB, WFC, C, BAC, JPMFBI hasn't found evidence JPMorgan hack hit other big banks, WSJ reports
The FBI hasn't found any evidence to suggest that the recent breach at JPMorgan hit any of the other big U.S. banks, the Wall Street Journal reports, citing four people close to the probe. JPMorgan said it isn't experiencing "unusual amounts of fraud," and, according to two sources, consumers "likely don't face a serious risk." Reference Link
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